New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-08-22

but With the advance business fell of and day bills
U the Taa
short sterling The foreign gold which arrived
morrow In the meantime 1t is estimated that some
80, OO0,0 900 additional gold Is on the way here ana
And the mo1 ement OF the crop Of cotton has
yet begun although the exports OF last week amounted
1856 and there are few cotton bill. in the market
against future shipments. The price Of cotton declined
only ss cent higher than at this Date last year
SO cent lower than in 1888 Last year from september
were valued at $685. s27 O96. Europes stock of Amer,
lean cotton is smaller than Il was year ago anu
therefore reasonable 10 expect during the next three
months larger exports than last The exports OF
wheat ami -four from the Atlantic ports last week were
ing week; but we have got the stuff and az current
figures something better there need be no iei con-
tnue go abroad In blocks and by dribi ing lots.
earnings are FAIR index of the conditions The Chron:
publishes table showing that the net earngS i
sixty seven roads in the six months ended June 80
six months OF 1856; Increase Sl64lo,III' or -
same roads was S32 696,729 Is Is cent 1t was
moi expected that after July the railway interest Wou
continue to show sLch ratio Of Improvement as It dld
in the first half of the year the business OF the
last half of 1886 large with satisfactory results
But O7 roads which in July. 1856 gave gain in gross
earnings of S3.2l7322 over July 1885, in July OF this
year gave further gain If 53sIS26 "a IN
July, 1887, with twentysix days, and 90 IN
july 1856 With twenty -seven days. The Increase III
earnings is over per cent with ore less business Day
and the Increase in mileage ia $40 per cent For the
first week In August sxtynine roads which nave re-
ported give $i.062O27 gross earnings, against
81 $50 so in 1856; increase, S502,3S7 141l per
cent In second week OF August out OF thirty two
roads whose earnings have been printed In TIE IRIl
USE twentysix give S2566fl gross earnings against
los 0I3 in 1856 increase 1867 50i, or 10 7l0 per
cent and six roads give l633O5 against Sl199l3; de-
crease SIGG0S. $40 per cent Yet a wall street
publication attempts to be funny over an occasohat
Dec. among mass of Inc" in the daily reports o.
At the stock Exchange the weeks business in listed
stocks covered by sales OF SILL shares against
1O31 2is shares the preceding week. And me Dohu
market was equally dull What little OF market there
has Deen was largely Influenced by sentiment " NO
the bears and they met with no organized opposion
The failure OF the Treasury TO purchase oe tnah
effect deal more than lts valne Tue price or
the bonds purchased was Oo6 per cent lower tn tho
price OF the precei week. anl since Wednesday tho
asking price of l-2s has declined o. per cent below
Wednesdays purchase ard the blddings are down 10
los Ia per cent below Wednesdays price. The one
fact developed is that the bonds are for sale and that me
Treasury il the only purchaser In connection WIN the
bank statement OF August H. $50 and the price Oh
Government bonds at that date inc following puotn us
from m Chroaicie August n. 1850 Is instructive as
power of sentiment Al the date of 1850 the ratio
of the bank reserves To deposits was ZlD per cet now
IL l. 20 % per cent. We quote: our money market
shows slight hardcui tendency and engagements Tor
loans made at higher figures. For call odlS
there is little change aud GOV ernent bonds u To
II per cent is quoted while stock borrowers nave
paid 1 Ia PER cent" the price or Is was lo' -
and is-ceven years 10 run-Ill. Mr.. Goulds reporter
blsh talk and the continual weakness oi h- rpecla
stocks Manhattan Elevated and Missouri faclhc anu
occasionally Western tnio"-have created mystery
potential In checking spec uaiion thAh ""hu ne
mo eratc calamity the extent OF wnch eoud ne meas
ured. 80 there WAS Il Sc,,saw market nrWccn taatts
within fluctuations generally of about . per cent Win
final changes OF II TO per cent -prucptlF losses.
-ubolued Is usual table OF the lignc, lowest ana
final prices and m o shares sold Of nifty six active
OF ago prehXci hy the prices Of August IL s-O'
WEEKLY RANCE